Steven Selikoff returns to the Podcast this week to fill us in on the latest development by Amazon to try and take on the Chinese eCommerce juggernauts with the likes of Temu, Shien, AliExpress, Tik Tok and others.
These platforms have been taking advantage of a customs rule known as De Minimis, which, in most countries, allows cheap, small parcel deliveries from China and other countries to be excluded from customs duties and tariffs.
Us 3rd Party sellers, shipping goods in bulk to FBA are generally subject to duties, taxes and tariffs before we can even sell our products, so we’re at a bit of a disadvantage.
Steven says that Amazon is courting factories in China right now, and inviting them to participate in Amazon’s new ‘factory direct’ program.
What form or shape Amazon’s new program will take is uncertain. We don’t know if it will be a new standalone website platform, or if it’ll be integrated into Amazon.com somehow.
Time will tell.
Today, Steven offers tips for 3rd Party sellers to remain in business as the stormclouds gather around us! If you’re still selling ‘Me too’ products, you won’t stand a chance.
Steven’s Canton Fair Trip is coming up in October, so if you want to stay ahead and join Steven on his China Product Sourcing and Development Trip, simply visit www.cantonfair2024.com and use the coupon code Chris500 to save $500!
I’m speaking in Sydney at a free World First event on the 1st of August. If you’d like to register for free, head over to www.theaustralianseller.com/worldfirst
And in October, Meghla, Marg and Kevin are holding the next edition of the India Sourcing Trip, so head over to www.indiasourcingtrip.com to learn more.
…and Jamie and Michael from End Game Network are holding the Southern Seller Fest again this year in Singapore on the 19th and 20th of November. Stay tuned for more announcements around that!
Don’t forget to join my Facebook Group! Head over to www.theaustralianseller.com/facebook
And I am offering private coaching so please head over to www.theaustralianseller.com/chris to book an hour session with me to make sure you’re heading in the right direction!
If you own or work for a consumer products brand and need help setting up or running your Amazon business including managing your Sponsored Advertising, feel free to get in touch with me – I run an Australian based Amazon Account Management Consultancy agency, helping private label sellers as well as household brands in Australia and internationally, like No Pong, Lucent Globe and TafToys just to name a few…. Please visit www.Amasphere.com.au – an official Amazon Service Provider.
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